$LTC Signal】4H bearish rebound short, watch for 56.3 resistance


$LTC RSI 4H 36.09, MACD histogram contracting but still negative, rebound momentum insufficient. 1H Bollinger Bands narrowing, spot buy depth at 1.18 but unable to break the middle band, heavy sell orders above.

🎯Direction: Short

⚡Entry/Order: Short at rebound to 56.3

🛑Stop loss: 56.8

🚀Target 1: 55.4

🚀Target 2: 55.0

🛡️Trade management:
- Execution strategy: Reduce position by 50% at Target 1, move stop loss down to entry price. Hold remaining position for Target 2, exit if rebound breaks stop loss.

Depth logic: The 4H downtrend remains unchanged, hourly rebound strength diminishes with decreasing volume. The risk-reward ratio at this level is only average, but the structure is clear, worth a try.

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PoorChain
· 1h ago
Your strategy is very accurate.
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